Banks and financial service providers often seek expert guidance on regulatory compliance, ethics, insurance liability, and investment safety. RAND's commitment to objective, nonpartisan analysis has helped us to forge ongoing partnerships with national and international institutions to explore policy questions that affect infrastructure, safety, investment, compliance, and ethical aspects of the banking and financial services industries.
Report
These proceedings summarize the key themes and issues raised during a September 2012 RAND symposium. Discussion focused on how hedge funds might contribute to systemic risk and the extent to which recent financial reforms address these risks.
Commentary
The fact is that the United States needs to gear up for the coming era of cyber threats — and start by ensuring its financial flank is not catastrophically compromised, writes Mark Sparkman.
Report
This is a comparative study of the practice of those who are subject to regulatory requirements in the health research, medical drugs, environmental and financial sectors conducted to assist understanding of health research governance in the UK.
Periodical
Having a bank account increases security, reduces vulnerability to theft, and helps account holders develop financial smarts. But new findings show growing rates of unbanked Americans.
News Release
Although hedge funds worsened the financial crisis in certain ways, the industry did not play a pivotal role compared to other agents, such as credit rating agencies, mortgage lenders, and issuers of credit default swaps. However, hedge funds do have the potential to contribute to disruptions of the U.S. financial system.
Report
Hedge funds did not play a pivotal role in the financial crisis compared to other agents, such as credit rating agencies, mortgage lenders, and issuers of credit default swaps. However, hedge funds do have the potential to contribute to disruptions of the U.S. financial system.
Research Brief
RAND research finds that hedge funds did not play a pivotal role in the financial crisis of 2007-2008 but assesses how such funds could contribute to systemic risk in the future.
Report
Explores financial decision-making and outcomes among young adults in the United States in order to inform policies that promote saving and financial security.
Report
Presents summary data from the American Life Panel on the 2011 banking practices of U.S. household respondents.
Report
A preliminary assessment of the impact of the financial crisis on the civil justice system finds that litigation demands on some parts of the system have increased, that funding for state courts may be trending downward, and that there have been disruptions in the legal services economy, in the provision of legal aid, and in the operation and staffing of courts.
Content
Working with a credit union, Financial Literacy Center researchers are piloting a voluntary, in-person annual "financial health check" service with follow-up, to help households improve their financial decisions. The project is also testing the pilot's effects on behavior.
Project
Immigrants are less likely than native-born individuals to use banking services or to participate in formal retirement savings programs. The Financial Literacy Center is identifying the main barriers to these services and developing and testing new products to help improve access.
Project
Hispanic immigrants constitute a rapidly growing share of the U.S. population but are less likely to be financially literate than natives. RAND researchers are investigating barriers to Hispanic immigrants' use of financial services and evaluates financial education materials for them.
Project
The RAND Behavioral Finance (BeFi) Forum is a collective of academic, financial, and government leaders who meet regularly in person and via web seminars to foster cutting-edge behavioral research for practical application. BeFi's mission is to help consumers make better financial decisions.
Report
Examines the economics of financial firms, their governance practices, and governance-performance links.
Report
Explores the adoption of multifactor authentication (MFA) -- which combines something you know (e.g., a PIN), something you have (e.g., a token), and/or something you are (e.g., a fingerprint) -- to identify users to a computer system.
Multimedia
At the first annual conference of the Financial Literacy Research Consortium, scholars discussed how programs, educational products, and policies can best promote financial planning and security. Videos from the presentations are available on rand.org.
News Release
A conference highlighting the latest developments in improving the financial literacy of the American public is being held Nov. 18 and 19 in Washington D.C. by the Financial Literacy Center and the U.S. Social Security Administration.
Multimedia
The RAND Behavioral Finance Forum held on May 25, 2010, focused on new policy options in consumer finance with staff and members of Congress and other policymakers, and with representatives of academe and the financial industry.
News Release
A new center dedicated to improving the financial literacy of the American public has been launched by the RAND Corporation, Dartmouth College and the Wharton School of the University of Pennsylvania.
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